ICE canola correcting higher at midday Wednesday

Reading Time: < 1 minute Glacier FarmMedia — The ICE Futures canola market was posting small gains at midday Wednesday, seeing a modest correction after dropping sharply earlier in the week. The most-active November contract was holding just above its 20-day moving average at midsession, with the general uptrend still intact despite the recent losses. Chicago soyoil and Malaysian palm […] Read more



Global Markets: Crude oil firm after sharp losses

Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.   Crude oil was holding onto small gains Wednesday morning, finding some modest strength after dropping sharply lower earlier in the week. Market participants were assessing the ceasefire between Iran and Israel that appeared to be holding for […] Read more

Canadian Dollar and Business Outlook: Loonie slips lower

U.S. greenback on the rise

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia MarketsFarm – The Canadian dollar stepped back on Wednesday morning as its United States counterpart was higher. As of 8:43 am CDT, the loonie was at US$0.7275 or US$1=C$1.3746 compared to Tuesday’s close of US$0.7293 or US$1=C$1.3712. On the U.S. Dollar Index, the greenback added 0.265 of a point at […] Read more


ICE canola still in the red

Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange remain in negative territory Wednesday morning, following weakness in vegetable oils. Chicago soyoil, European rapeseed and Malaysian palm oil are in the red. Crude oil is making its way higher as the Israel-Iran ceasefire remains in place. The Canadian dollar is down more than […] Read more




Canadian Financial Close: Loonie closes short of 73 U.S. cents

StatCan provides relatively good news on inflation

Reading Time: < 1 minute By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar was stronger on Tuesday, but unable to remain above 73 U.S. cents. While the United States dollar turned weaker, as did crude oil prices. The loonie finished at US$0.7293 or US$1=C$1.3712, compared to Monday’s close of US$0.7270 or US$1=C$1.3755. The U.S. Dollar Index […] Read more